Bitcoin trying to find support on the 4H timeframe moves above the 50 MA while also moving above the Ichimoku cloud. Its commodity Chanel index (CCI) of 14 and 50 are both above level 0. Apparently, a good sign for reversal-finders on the 4H chart, but on 1D and 1W, the sign is still down for both CCIs. In this situation, I am prone to being a limit order buyer, but there is no signal today, not yet anyways.
Bitcoin on MT4 1D Chart 10 July 2024
Bitcoin on MT4 4H Chart 10 July 2024
Bitcoin on MT4 1D Chart 10 July 2024